What happens to my benefits when I die during service?

What happens to my benefits when I die during service?

When a member dies in the service of the University or before accessing their benefits, their beneficiaries can apply for and will be granted the member’s entitlements under the Scheme. The Scheme will consider the wishes of the member as indicated in their nomination form before death. Members are encouraged to update their nomination form

How do I access my Retirement Benefits after reaching Retirement?

Visit the Scheme office to fill out and submit the relevant benefits application form together with the support documents. Benefits application forms are also available here A letter addressed to the Chairperson, Board of Trustees, requesting for payment of funds Copy of the University Staff ID/National ID Duly completed Benefits Application Form (Form issued by

Does MURBS provide Pension for retirees?

No, it does not. MURBS is a defined contribution scheme that pays its members their benefits based on their accrued contributions upon retirement. MURBS does not pay pension. However, the Scheme has engaged a third-party provider, ICEA, to provide MURBS retirees who wish to exercise this option, an annuity. Under this arrangement, a member signs

I have been diagnosed with a terminal illness and I am no longer able to pay for my treatment. How do I access a portion of my retirement benefits for my medical expenses?

A member who has been diagnosed with a terminal illness and is unable to pay their medical bills may access up to fifty percent of their benefits. Such a member is required to obtain a recommendation from the Uganda Medical Board confirming and recommending them to access their benefits from the Scheme. Once submitted, and